 Sign up today and become a part of this educational community of traders, just visit the front page of TFNN.com. The following is a presentation of TFNN. Trade what you see with Larry Pezzavento. Call now toll free at 1-877-927-6648 or internationally at 727-873-7618. Now, Larry Pezzavento. Okay folks, looking good, feeling good. We have on the line today Rich Anderson and Rich. We've been talking about the soybean market for the last couple of days and we have a big report coming up pretty soon. You want to tell us what the folks are looking at as they go through these things? Well, the report is a week from today, it's next Friday. And it's going to show the planning intentions which, you know, over the years I've always said, when the farmer starts putting his money in the ground, plant the seed, that's when the markets tend to start to catch and hold and go the other way more times than not. And they'll also show the supply and demand both of the United States and globally. It's kind of interesting to note. I think the last time I was on your show was the last Tuesday in February and I talked about the USDA form and how they would magically add 3.4 million acres to the total planet acreage where there are magic ones. And I think that kind of confused you and a lot of people. And I was wrong. They only added 3.34 million acres. Now, we have to see if the farmer is actually able to turn the wheels and get it put in the ground and find enough ground to put all this into. Basically, that's going to be the challenge and that's going to depend on the weather. But yeah, I believe that the supply and demand both U.S. and globally is going to show that, you know, you've got to have a great crop in the United States again this year. It's interesting to note that the Ukraine acreage is probably being cut back a little over 3 million acres, obviously with the war and various other things. You know, getting stuff planted over there is a challenging to say the least. And then we have the bumper crop in South America, which there's actually been rumored to be three cargoes of soybeans being shipped from Brazil into the east coast of the United States. They think they might be some special soybeans, but we'll see. And then it sounds like Argentina is going to be importing beans from Brazil because 72% of their crop is poor to very poor and only 2% of it is good to excellent. And, you know, they've had a real crop problem down there. So it's going to be very interesting that we, I think you see a little bit of a rally here today. Well, that's the rumors that Russia is saying, well, it's cheap. And so maybe it's cheap enough and we're going to tell people that we're going to stop exports or at least limit the exports and that was enough to get people to cover. We've got the macro override, you know, the money flows. And the interesting thing that I read is that for the weekend in 315, the banks have borrowed from the new lending facility that, you know, the Fed has decided to come up with where you could give them bonds for 70 cents and they'll give you back a dollar, you know, sounds like a great deal. But they've actually borrowed in that last week more money for that week than any week in the 2008 Great Financial Crisis. Yeah, I know that. There's some strain. There's some strain there, Larry. There's no question about it. And in 08, basically the managed money got out of the market, the index funds got out of the market and the commercial coverage. They really just, you know, went to duck. So we've got to keep that in mind. But as long as you use your technicals and manage your risk intelligently, you'll be just fine. But yeah, there could be some real curveballs and then there may not be. But, you know, this is just what the government's opinion is of how much is going to be planted. And then they're going to use trend line yields. And of course, you know, we don't always go to trend lines. Sometimes, well, you know, sometimes you have a real crop problem. And with all the moisture that that's been dropping in California sure reminds me of that one time out in Pismo Beach and when you had the big rain and they had to flood the houses. And that summer, you know, they got the crops off to a good start. But then all of a sudden the faucet turned off. And by the way, you know, Brazil, the Brazils counting on their car and they're focused on exporting beans right now. But they're counting on their second corn crop. They harvest the beans and they put out a second corn crop. But a lot of that's been put in late. And seasonally, you know, you want to get it in early because late then it gets too hot. And then you don't have quite as good a crop. And then often the rain stops. And so their crop is going to, April is going to be a time to be watching the weather very closely down in Brazil. And Argentina has just been through the toughest part of it. And the other country that we're watching for this year for weather is going to be Australia with El Nino there. It could affect their moisture in the Australian wheat crop. Rich, we've got a question from one of our listeners. And when will the planning be done for corn and also for beans? Well, southern part of the state. First we got to get the snow melted. We got to get the ground. They're calling it snow mountains up at the mall. So you got to get the snow melted. Then you got to get the ground on top. And then so basically April through the first middle of May, the USDA, if you want crop insurance, you have to plant within certain windows or you're not given your, you don't get your crop insurance. And so things are very regulated this year. And by the way, if you look at the crop insurance prices, that's based on the average price in February, right? And back then prices were quite a bit higher than they are now. So they've got some in the money puts, shall we say. So they'll still be making their decisions based on the crop insurance price. And so you darn well plant it during the windows that the USDA has. Yeah, sure. They're probably down in the south starting to plant stuff. But in Iowa, Minnesota, Wisconsin, Illinois, things have got to warm up. You kind of want the ground to be above a certain temperature before you're putting that seed in the ground. Otherwise, they'll just sit there and do nothing for a couple of weeks. And that doesn't optimize your seed germination to say the least. Hey, listen, that's pretty good, buddy. Listen, I'm thank you for coming on today. You know, it was a spur of the moment, but by gosh, we love hearing from you. And thanks for calling us last night to give us a heads up because we had an order to buy beans and it was going to be a little tricky. And you said, go for it. And by golly, it did exactly what you said. It opened more and rallied the rest of the day. So many thanks for that. It's looking good, man. It's looking good. So far, it is. Yeah, that's it folks. Put your stops in. Hey, keep those stops working because if you don't put a stop in, you're telling Mother Market that you don't know what she's doing and you certainly want to do that. We'll be right back. All right, you have a great weekend. Hey, thank you. 877-927-6648. Currencies, commodities, and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe, which is why it's a great time to try out Teddy Kegstad's Tiger Forex report. 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Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the market's open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN Educating Investors is free at 1-877-927-6648 internationally at 727-873-7618 Okay folks, I want to go through this soybean trade that we did for the 24-7 group. We had a beautiful 61% retracement down here at $12.92. Okay, so we put a buy-in at $12.92 and we put a $0.10 stop in. Folks, it came within 1-3 quarters sense of actual stopping us out and then has reversed and since made about $600. Now what we've done is it's still early in the day, so we put our stop at break-even now. So the worst possible scenario is that you break even. Yeah, you don't make any money, but you don't want to lose any and that's the whole key and you can see that big strong downtrend that we have here. We were joking Rich and I because he heard the order because he follows what I'm doing and he said, I like that order. And he says, but you know, he said they're going to probably open it lower, which they did, took it down a little bit lower. He says, but I expected to close higher. And by golly, he was right. In fact, as soon as it turned up on the day last night, he gave me a call and said, I think you got a winner here. And hey, this is not a winner. We got an hour to go before the close, so it doesn't really mean very much. But I think the main thing today to take away from all this stuff is the stock market. Let's get this. And you know, I'm just an ABCD person. I don't do much Elliott wave much Elliott wave. That's the understatement of the year. And the fact that Mr. Elliott and I have the same birthday, the 28th of July, different years, of course. Anyway, you can see the big ABCD that we had up here. You can see the ABCD Gartley that hit today right on the low. And folks, that's where I certainly had a beautiful one, three, five pattern. I covered shorts, but I did not go long. Unfortunately, because it's rallied, you know, 40 handles from that bottom. And if it closes above there and if it closes above there, which is certainly can, then you're going to be looking at something that could be, you know, really, really quite spectacular. But that's a long way down the road. All I do know is if you look up here at this big top up there that we had there at that 70, 71 level, that's the big ABCD. If we ever get above that, then that's going to be a bullish market. In fact, the market, folks, is acting incredibly bullish, giving the fact that these banks are in such big trouble. The Deutsche Bank today down 12% at one time. Now, maybe it's all baloney and smoking mirrors, but as Rich was talking about, the Fed put in something like $2 or $3 trillion in this past week just to, you know, make the window available for everybody and they were using it. And like he said, that was more than the whole 2008. So that's, you've got to pay attention because they don't tell us the whole truth, folks. You know that as well as I do. They give you little bits and pieces of information. Sometimes it's good, sometimes it's bad, but they never tell you the whole truth. They can't because that's how they make their operations. When you have the secretary, the treasurer come on and say, well, everything's okay with the banks. We've heard this before. You remember Ben Bernanke in 2007? There's no problem in the real estate market. Go online and check it out. Go look October 19 or 2007 and you'll see his comments. He said he could see no red lights, only green lights is what he said. That's something of that nature. Hey, listen, I am not badmouthing anybody because I make more mistakes and all these dudes combine, but I try not to stay with the bad ones and that's the real key to what I'm looking at here. So I hope that that makes some sense, but that's what I'm looking at here today is quite important for the soybean market and it's also important for the stock market. Most specifically for the stock market because if we should close badly today below that 39, 40 level, that tells us that we are looking at something that is going to be pretty nasty on the downside. We hear bits and pieces of information from people at Bloomberg that there's all kinds of things at retaliation by the Russian government for us blowing up their Norwegian Nordic pipeline or whatever it was. There was only three people who could blow up that pipeline folks. One was Russia, one was us and one was China. Nobody else has the technology to do it from what they're saying on Bloomberg. They had a general on there today, two or three days ago saying it was one of these three people. He didn't say it wasn't us, but I don't know. That's political stuff I could care less about. Let's talk about a couple of charts here now that I think make a lot of sense. I want to give myself a little accolade here because we got a lot of flack from the folks with laughter and stuff when we wanted to buy the gold here this week down there at that 40 level. That was a 382 retracement. The low was 1937. We've rallied up to 204 and now we have our stops setting at 1980. So we're going to lock in about $4700. If we get that because if we don't close really good today, then you probably want to be a little bit careful because this big number that we had up here wasn't a new breakout in the new high ground. It wasn't a new breakout in the new high ground, but not with the old contracts. Remember we hit 2,000 in the 2100 or something like that. All I know is it's just a few dollars off. This could be a possible major double top. Do I think it's a major double top? Absolutely not. I don't think that for a minute. All I can say is that that's probably what is happening as we look at some of these things unfold. Our guess at the break is going to be Jim Bartolioni of Bart's charts. He's going to be talking about some of the things that he's really good at. But I wanted to bring this chart up to you. This came from the folks from the Elliott wave. We're kind enough to send it out to a lot of people and someone forwarded it on to me and asked me if I would discuss it here on the air. And I'm going to do that because I will get this up here and take a quick look at it. This is right out of Elliott's book. In fact, it's right out of the Gartley book if you want to know. And it's also out of Wycoff's book. Folks, everything is based on the ABCD. Starting right in the middle at the top, you see that big ABCD? You see these ABCDs in the upside? That's what I do. I do ABCDs. I do three drives to a bottom. I do three drives to a top. I do double bottoms. I do Gartleys. They're all related. All came out of the Gartley book, 1937, for the cost of $1,500, which was the cost of three Ford automobiles at that time. And it was reprinted by Billy Jones at the Lambert Gamm Publishing up in Pomeroy, Washington back in 1983 because Billy had been my customer at Drexel for about five years and he wanted to do something. And we got the people at the old Gartley family to release their rights. And he copied the whole book. And he's got some huge charts and everything. If you want something for your library, I know you can get it for about $135 with the charts and stuff. But boy, I'll tell you, pages 200 to 250 were life-changing for me, folks, especially page 222 where the Gartley relied on. And that's what I'm looking at here. So I hope this helps you, folks. And we're going to have Mr. Bartolioni on just a few seconds here. But we got one more question that someone had here, and that was about the natural gas contract. And if I'll get this up here, I wanted to show you where we still think that we're fact is we got down below our price level. We're still waiting for some type of a reversal pattern here. I'll bring it up here. This was from our chart last week. We thought it was going to get down to that level. And we went a little bit below it. But we're still waiting to see if we can get some type of a pattern where we don't have to risk very much at all. And this thing jumps around a lot. So we keep it as close to the vest as we can. Because if you keep your friends close but your enemies closer, you're better off. The enemy is, folks, not using money management. Who loves you, baby? We'll be right back with Jim Bartolioni, March Charms. To see for yourself the types of profitable trades that are recommended within the Gold Report, sign up now by visiting tfnn.com. Don't miss out on the next great bold trade. Sign up today. And don't miss out on the next great bold trade. If you're satisfied, let us know, and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today, tfnn.com, Educating Investors. Tfnn airs live financial content streamed live on tfnn.com and tfnn's YouTube channel with Tiger TV, live every market day from 8.30 a.m. to 4.00 p.m. eastern. For free. Each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world. From the moment the market opens until the closing bell sounds, Tiger TV has eight different shows with expert hosts to help you make the right moves with your money. Watch online at tfnn.com or on tfnn's YouTube channel and become the investor you were born to be, tfnn, Educating Investors. Good afternoon, wherever you are. Good afternoon, wherever I am. I'm out on my G7 getting ready to fly to Switzerland to buy fresh chocolates. No, I don't like flying. Hey, Jim, you gave us that wonderful trade of short the banks about three and a half weeks ago, and now you're talking to us about this chart on inflation. What are you looking at here, buddy? Yeah, so, you know, Larry, I just, it's all the patterns, right? And so I took a look at the Elliott Wave pattern specifically. I was watching a little bit before we came on a triangle. And so I love TradingView. We talked about it before. I'm not getting paid by them or anything. I just love their data. So this is interest rates going back to 1917 or 1913. And it's formed a perfect triangle, you know, A, B, C, D, E. So technically, it should be on its way up. And what's amazing to me is, again, you taught me this, right? You have all these news people and all these articles and all this stuff, it banged right into a trend line. I mean, come on, it's incredible, right? So now we know where the line in the sand is, right? And then you can see, if we get down to, I think it's about 4.9 or so. I got my thing in front of you. Hold on a second. What's that, about 4.3 or something like that? We might have some support. And so, hey, as long as we keep below that trend line, let's say life is good for now, right? So what I'm trying to do is kind of present a mosaic of how we got to where we are right now, right? And so, you know, inflation took off. And it could be a continuation pattern where inflation just spikes through that trend line and off it goes, but we'll have to wait and see. So I'm just trying to say that E down there at about 2018, what's it look like, 2011? It's just small here. That was the beginning of a trend. And perhaps inflation's off to the races. I don't know, right? But we can chart it so we can make decisions about it. So that's all I'm trying to say there. The other one you've got here is the 10-year yield. You want to talk to us about that? Sure. So, you know, when we take a look at the interest rates, right? And people are like, how did we get here? And, you know, well, we just got to take a look. And it took 40 years, right? And so this is the interest rate since 1913. And it's a log scale also. So remember that. So these moves are in percentage terms, but essentially interest rates went up about 700%. And it took 40 years to do it. Most recently, you know, they talk about, well, you know, how in the terms of a chart, how big is this move? Well, we did almost the exact same rise in interest rates over 700% in two years. So when people start looking at the banks and try to figure out, you know, how they got caught with the interest rates rising so quickly, it's unbelievable, right? Again, it took 40 years for interest rates to rise this high in percentage terms. And we just did it in two years. So number one, I think the trend in interest rates is up. That's a pretty big decade or maybe a 100-year single reversal candle right there. Right. So, you know, as we look at what's happening with the banks, take a look at what we just showed with regards to the interest rates and then take a look at what we just showed with inflation. So then you get to the banks, right? Yeah, there's the banks. And Jim, I sent this to the Museum of Art in New York and they're taking down one of the Renoirs and putting this up. Honestly, God, I'm not joking. I swear to you, you know, me, I never lied to you. Oh, no, no, no. But Larry, you know, what was I like three weeks ago or so and I was like, hey, Larry, there's a great bank sale, a Gartley sale coming in. Boy, if it works, things aren't very good. And bam. Not only Jim, not only did it work, it worked big time. I mean, look at these stocks in the Bank of America, Wells Fargo, the only bank that's holding up relatively well are Goldman Sachs, which is an investment bank and also JP Morgan. Look at the Bank of America is making new lows in the last 18 months. I mean, something's wrong. And so something ain't right at the circle K as we used to say. But do you have the other chart? The next chart with the log scale? Yeah, I don't. I keep them all. Are you kidding me? These are like little treasures. This is the one that you sent us. I remember, let's get this up because I had so many people say, if you don't have him on again, I'm not going to listen to your show anymore. Well, I'm all over the place there. In fact, we'll talk about where I'm going next week. I'll have to come back on the show when I'm done. No, no, we've got plenty of time. So that's the normal one. Put up the next one with the log scale because I want to show people like they say, OK, Goldman Sachs, JP, this one. So reorient yourself. This is a log scale you can see on the right. That's logarithmic. And those are measured moves. And so you can see that the 2020 pretty big collapse from a percentage perspective were basically there. But more importantly, we have an ABCD in percentage terms. So we have a really important level, let's just say, in and around $60. That's extremely important. If we break that, things are definitely not good. It's a circle K. So I'm not buying banks right now. But the patterns help us understand. And like you taught me, it's just an if then. If we break through that, we've got the trend line. We've got the measured move percentage correction. The ABCD and percentage terms, we have three ratios. It's huge. But when we talk about JP Morgan, Goldman Sachs, they're all fine. Well, today, guess what they're starting to take a peek at? The derivatives market. And so what I put at the bottom of this chart, this is the derivative exposure of these banks. So we break through that level. Man, something made right. I hope we're totally wrong. And it's a massive buy from banks and off they go. Those numbers at the bottom there, JP Morgan, 54 trillion, Goldman Sachs, 51 trillion, Citibank, 48 trillion. Are those all right numbers? Yes. And if you'd like, I can email you the source I got it from. It's actually from a source of the United States government. You know what, Larry, I meant to put source at the bottom, but I just forgot. So I'll email it to you when we're done. But that's their exposure to derivatives folks. Holy smokes. I mean, it's uncomprehensible. Well, you know, Warren Buffett said those derivatives are the weapons of mass destruction. He said that all along, but you know, we're staring at it. Yeah. Well, that's for sure. This could certainly be a really, really, really nasty one. Okay. The next one for all my fellow humans out there, that is probably one of the most important levels on the planet right now, right around 60 bucks on the KBW. So yeah, that's absolutely for sure. Let's take a look here at this next one, which is natural gas. We'll get this up here. And we'll take a quick look at it. I'm still long natural gas. That monthly pattern, it was just perfect, right? So, yeah, we've bounced. So I was like, okay, this is good. And now we're, you know, we're different. I saw it about 227 last time. What's it trading at now? You know, I don't have my real time in front of me. Oh, that's not necessary. No, don't worry about that. Yeah. But I'm still long. I'm looking to hold this thing for a couple of years, quite frankly. So I'm not really worried about the perturbations, but I certainly wouldn't like it to go through that low because Larry, you've taught me this stuff. These monthly patterns, these monthly measured moves, they don't fail often, right? It doesn't mean it's going to be right, right? You're always managing probability, but this one was perfect in both price and time. So, you know, the probability is that it might bang around here, but man, it should get going here and we'll see when, but if not, I'll stop myself out and take a loss. Well, that's what it's all about. It's not how much money you make. It's how much money you don't lose. That's for sure. So you're going to stay in it for two years or until Thursday, whichever comes first? I'll get stopped out. Hey, listen, we got to take a little break here. And when you come back, I want to talk to you about a few geopolitical things. Okay. You got it, sir. Yep. We'll be right back folks. Jim Bartolioni of Bartch charts. He'll be coming up right after we take this small break. I have this timing off by about 30 seconds. Ah, only 10 seconds. So we'll be right back and we'll be talking with Jim Bartolioni folks. You might think that if you want to be successful at trading in the stock market, you're going to need a crystal ball. After all, it's impossible to predict the future, right? Like any endeavor in life, before you decide it's impossible, get some advice from the experts. You might find that it's not so impossible after all for daily market overviews that you'll be able to see the future with the help of you direction on the key indices, selective stocks, and commodities. Subscribe to the opening call newsletter at tfnn.com. The opening call newsletter is written by Basil Chapman, creator of the trading methodology known as the Chapman Wave. 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The funds are designed to be utilized only by investors such as traders and active investors. Distributor, Foreside Fund Services, LLC. This program is brought to you by Vista Gold. Traded on the NYSE American and TSX under the symbol VGZ. We're back, folks. We're talking with Jim Bartolioni. Bart's charts. Jim, on Bloomberg, I think it was two days ago, they had an admiral or a colonel, somebody on one of those military dudes, and he was saying, well, he was saying about the pipeline. The pipeline was blown up by some mysterious person, and Russia's a little upset about it, and they want to retaliate, and the guy asked him, well, who blew it up? And he said, well, there's only three people who could blow it up. He said, Russia, China, and us. He said, who do you think did it? And he said, I don't know. And so I don't want you to comment about that, but if they are going to retaliate, what could they do? They're not going to use a nuclear weapon, I don't think, but they do a lot with communication. Do you have any feeling about that? Yeah. So, you know, Larry, so I'm actually going to be flying out of the country, not out of the country, but I'm going to be flying west. I'll just put it to you that way next week, and going to sit down with some pretty interesting people. And I'll definitely call you when I get back and we can talk. But, you know, we, in the military, we used to call and we still call it near peer, right? Who's a near peer to us? Obviously, China is. You know, I put Russia there, but, you know, ultimately, you know, wherever we are from an infrastructure part, you know, logistics part, our military can wage war unlike any military that's existed in this history. As far as I know, at least, you know, let's go back 10,000 years, right? So it's not necessarily a smart thing to get into a shooting war. A kinetic is what they call it a kinetic war with the United States. Connecticut being missiles and bombs, right? Because it will, it'll hurt on both sides, obviously, but if you really want to hurt the United States, then it's going to be something like a Nord Stream 2 pipeline. And so there's trillions and trillions of dollars that flow, you know, from London to New York, from New York to Hong Kong, and those are undersea cables. And so, I mean, I don't know any of this for sure. I'm just saying if you really wanted to get us, you know, how would you get us? We'll get us financially and try to cut some of those cables. It's not like you get a bunch of dudes in a boat and they go out and get a 30-foot sailboat and go out and just kind of go, okay, the cables are down there and we're going to go blow up the Nord Stream 2 pipeline. It's only capable for, you know, a national authority or Russia. I mean, it takes a lot. Obviously it has to, right? Because it's pumping natural gas. So this is not a, you know, hey, let's go blow something up. This took months and months and significant infrastructure to pull off. And there's only probably two or three countries in the world that can do it. Who did it? I'll leave that unknown. So I personally think, you know, you got that balloon going over, you know, they mapped our entire, you know, probably our electrical grid. So something around the lines of a cyber attack, electrically taking down the electrical grid, taking down the financial grid. You know, those are the type of things that I think. And again, you got to ask yourself, you know, one of the things Donald Trump said when they, when I ran down a predator was, hey, I'm not going to bomb Iran because it's just a predator, right? The other thing too is you look at the scalability of a response. This Nord Stream 2 pipeline was a huge deal, right? So whatever country did that, that's going to be retaliated upon, we'll probably have a huge deal of retaliation. And so it could happen tomorrow, it could happen in years, right? We don't know. These things take time to plan. So I'm more concerned about our infrastructure. And so that's why, you know, I actually got a call from my family. I said, hey, I'm just saying, I'm looking over the skies and I'm seeing a cloud. So, hey, let's bring an umbrella to the soccer game, right? So like you told me before, have some cash, right? Have some propane tanks, have a generator, have some water and maybe, you know, some food. Now you're not going to be eating like a king, but at least you got some food because things are really ratcheting up and you can feel it. You can sense it. And I think everybody knows that. So I don't want to be the Debbie Downer, but this is truly serious. And our strike last night on Syria, again, it gets a passing blow. We have the, you know, the attention span of a goldfish now. We bombed Iran, right? Iran attacked us. Those were Iranian drones. We attacked Iranians in Syria. Things are ratcheting up. And then I spent a lot of time flying off the coast of Iran. I spent weeks, if not months, in Saudi Arabia. I never thought in my lifetime there'd be a peace brokerage between Iran and Saudi Arabia. Oh, by the way, done by China, right? So it's like something, right? It's a circle K, right? So maybe, maybe she's pulling a Hitler and being really nice to France and then he invites them. I don't see that happening, right? But Jim, this is why this is why I'm a technician, pal. If the prices are going up, they're buying it. Prices are going down there. So that's all I need to know that inside information. Never move from, hey, buddy, we're going to, we're going to, we're going to call you the first day that natural gas goes limit up. Okay. Please. We'll have you. When you get back for your trip, when you get back for your trip, we'll have you on. Maybe you can give us a skinny on what's going on. Okay. I'll do the best I can. Larry, thanks. Thank you. It's all the family. I said hi, Bart. Love having you here, buddy. Yeah. Love you later. Bye bye. Okay, folks. Jim Bartoloni of Bart's charts. I had four of those dudes. I had Rooster, who was the top gun. I had Bart. I had Jeff. And then I also had Bucky. And Bucky is my, my favorite story is because Bucky was the youngest of the top gun group of that squadron they were in. I taught Jim first and then Jeff and Rooster and then Bucky and Bucky was in Florida. And he got a job to go to Kuwait to teach the Kuwaiti by the F-18s for the Kuwaiti Air Force or Navy Air Force. Navy, Navy. And they do have a Navy. And anyway, his wife says, she says, there's no way I am going to Kuwait. He talked her into six months. He says, if you go to six months and you don't like it, we'll come back. Well, first of all, they put him up in a mansion. She had a butler, a cook, a maid. And I don't, she had everything. Whenever she wanted to go shopping, they put on a private Switzerland. I mean, it was incredible. She was treated like a princess. At the end of the first year, he had a chance to sign a three-year contract. And she says, if you don't do it, I'm going to stay here by myself. And he's still there working with the Air Force there and still having a lot of fun. The kids are in college now and they're going to college in Europe, of course. But anyway, that's how it goes. Anyway, there's a few of the dudes that I've met over the years. I had a lot of fun with them. And they're really, really fun guys too. When my cousin got married in Annapolis, they set up the, he was a cadet. And as a cadet, you don't get the, get the wedding unless you're a seat, unless you're a graduate. And because I had an uncle who was in the Navy at the Cadet, at the Academy and Jim was there and Rooster was there. We got to use the naval chapel and everything and the family got to go and got it. It was awesome with the swords and the whole bit. It was, it was really, really awesome. Just about as incredible as you could possibly get. So anyway, we're going to take a little break here. I understand that the market is rallying like a stripe of deer. Let's just check and see if we still are. And yeah, we read up. We made it, got all the way up to 3990 backed off just a little bit. So we're going to see if this market is going to close strong today. It's going to be interesting. That's for sure. Crude oil is still down a little bit today. Gold, believe it or not, folks, I didn't think we had a chance of being stopped out of that gold. But we had to stop in there at 39, excuse me, 1980. That locked in a big profit for us because we bought it at 40. So that may be the bottom. I'll tell you, I can't, I can't do the whole thing, but I was going to do the, I can see something that I did wrong right here right now. So hold on. Let's just look at it together because as I'm doing this, I want to show you what I'm looking at. So we'll be right back. 877-927-6648. 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After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. Expect notifications from Larry on market movement you need to act on at any time. First-time subscribers also get a 30-day money back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today. TFNN.com Educating Investors There's no catch or added costs when you join our community of traders. Sign up today and become a part of this educational community of traders. Just visit the front page of TFNN.com. Don't forget, you can listen to TFNN live on your mobile device 24 hours per day. Go to TFNN.com and hit watch Tiger TV. That's TFNN.com. Then hit watch Tiger TV. Okay folks, I wanted to show you this is where we bought it down here on the left. That was a 382 on the long-term daily. What I did was after this double top happened today, I sent out an alert saying if we go below 78% of that, it's best to stand aside so we locked in a really nice profit and the market's gone a little bit lower. It went a little bit below the 382. This was the 382 of the previous move. There was a second one. This was the third one. This was the first one right down here. With this double top up here, maybe this is going to be a significant top in the gold, but it's still quite a bit early. Those are the main things to pay attention. The big thing today, folks, without any doubt in my mind is this one that I'm going to bring up to you right now that I've showed to you before, but I'll show it to you again because it's that important. We want to get this up here so that you can take a look at what we're going to show you the Gartley pattern that happened here this morning. Now, we've been able to rally, but all we've been able to rally so far is a 382 retracement of the high that came in right around 3990. So if we can close above that 3990 level, then you certainly want to expect possibly another ABCD to the upside. But frankly, folks, this high that we made here on Thursday with that big ABCD there, that to me is the line in the sand because if we ever do get above that, we could see 4200 in the S&P without any trouble at all in what it would be caused by people buying the banks because the banking crisis is over. And they said it was smoking mirrors. And if you believe that, I still have two shares of the Brooklyn Bridge waiting for you here in Tucson, Arizona that you could purchase at a very, very small price. Now, I'm going to be doing the next show from a segment that used to be handled by Mr. D. W. So when you want to, not when you have to, we could go today. Can you believe it already? See you in a few hours. Next hour.